TTM Technologies, Inc TTMI Stock Forecast & Price Targets

Sell every Stock except ONE Markets are down…But Jeff Clark couldn’t care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month… The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. Provide specific products and services to you, such as portfolio management or data aggregation. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more.

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. We’d like to share more about how we work and what drives our day-to-day business. These are just a handful of the figures considered in TTM Technologies’s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that TTMI is an impressive value stock right now. Jeffrey has made over 4 trades of the TTM Technologies Inc stock since 2000, according to the Form 4 filled with the SEC.

Morningstar‘s Stock Analysis TTMI

According to analysts, TTM Technologies’s stock has a predicted upside of 1.44% based on their 12-month price targets. The chart below shows how a company’s ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. The average analyst rating for TTMI stock from 10 stock analysts is “Buy”.

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The company also produces printed circuits with heavy copper cores, as well as embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, it offers value-added services, including RF design to specification capability, design for manufacturability, PCB layout design, simulation and testing, and quick turnaround services. We serve a diverse customer base that includes both original equipment manufacturers and electronic manufacturing services providers throughout various markets worldwide.

Below are the latest news stories about TTM TECHNOLOGIES INC that investors may wish to consider to help them evaluate TTMI as an investment opportunity. IPGP, MEI, and IIN are the stocks whose asset turnover ratios are most correlated with TTMI. We have 9 different ratings for every stock to help you appreciate its future potential. TTM Technologies Inc 52 week high is $17.49 as of April 12, 2023. As an investor, you want to buy stocks with the highest probability of success.

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• The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
• Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations.
• Needham analyst James Ricchiuti reiterated a Buy rating on TTM Technologies (TTMI – Research Report) today and set a price target of $18.00.
• There are currently 1 hold rating and 1 buy rating for the stock.
• In addition, the company provides radar systems including maritime surveillance and weather avoidance radar systems, surveillance products, communication systems, radio-frequency assembly and test services, and passive RF components.
• TTM Technologies Inc share price live 12.56, this page displays NASDAQ TTMI stock exchange data.

Sign-up to receive the latest news and ratings for TTMI and its competitors with MarketBeat’s FREE daily newsletter. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Ttm Technologies stock was originally listed at a price of $23.13 in Sep 25, 2000. If you had invested in Ttm Technologies stock at $23.13, your return over the last 22 years would have been -45.4%, for an annualized return of -2.71% . Overall, this stock passed 12/33 due dilligence checks and has average fundamentals, according to our automated analysis. TTMI underperformed the US Electronic industry which returned -0.9% over the past year.

Intraday data delayed at least 15 minutes or per exchange requirements. The mean of analysts’ price targets for TTM points to a 30.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estim… Market cap is the total market value of a publicly traded company’s outstanding shares.

Sign Up NowGet this delivered to your inbox, and more info about our products and services. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.TTMI has a Quality Grade of B, ranking ahead of 90% of graded US stocks. Over the past 67 months, TTMI’s revenue has gone down $99,317,000.The table below shows TTMI’s growth in key financial areas . INDmoney makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of, or on the reliance of its advisory or related services.

TTM Technologies, Inc. Reports Fiscal Third Quarter 2022 Results

Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Over the previous 90 days, TTM Technologies’s stock had 1 downgrade by analysts. The largest trade Jeffrey’s ever made was selling 10,637,317 units of TTM Technologies Inc stock on 21 September 2000 worth over $127,647,804. On average, Jeffrey trades about 4,213,800 units every 383 days since 2000.

https://1investing.in/ Price Target is the stock price analysts expect to see within a period of 0-18 months. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Analysts like TTM Technologies less than other Computer and Technology companies. The consensus rating for TTM Technologies is Moderate Buy while the average consensus rating for computer and technology companies is Buy.

Analyst Coverage

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Over the past 243 months, TTMI’s EV/EBIT ratio has gone down 389.6. The strongest trend for TTMI is in Momentum, which has been heading up over the past 179 days. TTMI scores best on the Momentum dimension, with a Momentum rank ahead of 89.24% of US stocks. Housing Development Finance Corporation said that during the quarter ended 31 December 2022, the corporation has assigned loans amounting to Rs 8,892 crore as compared to Rs 7,468 crore in… For seven straight quarters, FIIs have trimmed their holdings in HCL Technologies.

TTMI price to earnings (PE)

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. TTM Technologies, Inc. is a leading global manufacturer of technology solutions including engineered systems, RF components and RF microwave/microelectronic assemblies, and quick turn and technologically advanced PCBs. TTM stands for time-to-market, representing how the company’s time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market.

TTM stands for custom duty: know types, calculator, rates, payment of custom duty in india-to-market, representing how TTM’s time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market. 2 equities research analysts have issued 1-year target prices for TTM Technologies’ shares. On average, they predict the company’s share price to reach $16.50 in the next twelve months. This suggests a possible upside of 30.4% from the stock’s current price. View analysts price targets for TTMI or view top-rated stocks among Wall Street analysts. TTM Technologies Inc share price live 12.56, this page displays NASDAQ TTMI stock exchange data.

The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.